PosTradeExitCategory

Returns an absolute numerical value, indicating the trade exit order category.

The following numerical returns are possible:

1 = Stop order (buy next bar at close - 1 point stop),

2 = Limit order (buy next bar at close + 1 point limit),

3 = Market order (buy next bar market),

4 = Market at Close order (buy this bar at close),

5 = Market at Open order (buy next bar open),

8 = StopLimit order (buy 1 contracts next bar at close - 2 point stop close + 2 point limit).

Usage

PosTradeExitCategory(PosAgo, TradeNumber)

Where:

PosAgo - a numerical expression, specifying the position:

0 - open position;

1 - one position back (the last position closed);

2 - two positions back, etc.

TradeNumber - a numerical expression, specifying the number of trade (zero-based).

Notes

• This function can only be used in signals.
• To retrieve the total number of trades in specified position use PosTradeCount.
• Use PosTradeEntryCategory for the type of entry order.

Example

PosTradeExitCategory(0, 1);

Will return a value of 3 for the second trade of the open position, if the closing order type was Market Order.